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...says, for insurance purposes, but also to raise the profile of the museum in the eyes of campus administrators. "I thought that the more information they had about how great this place was, the better it would be," he says. "That may have backfired." But as the days went on the story kept changing. A few days after the initial announcement, Brandeis president Jehuda Reinharz told an interviewer for a Boston public radio station that his school didn't intend to sell the entire collection, just some of it. And one day after that, Reinharz said the school would...
...that point, Markopolos decided to go to the press. He told the committee he went to a reporter at the Wall Street Journal, John Wilke, but the editors never approved an investigative piece, so things went back to the SEC's Cheung, and there it stopped. "It is a sickening thought," but if the SEC or the Wall Street Journal "would have picked up the phone and spent one hour contacting the leads" provided, Markopolos said, Madoff would have been stopped in 2006, and "untold billions" would have been saved...
Interestingly, Markopolos said he never went to the Financial Industry Regulatory Authority (FINRA), a nongovernmental regulator that oversees 5,000 brokerages, out of fear for his safety: "Bernie Madoff was chairman of their predecessor organization and his brother Peter was former vice chairman." Those links to Madoff, he felt, could have exposed him to harm, especially since a lot of feeder fund money "was coming from Russia and South America...
...House job might be a skilled Washington hand like former White House Chief of Staff John Podesta, who oversaw the Obama transition operation. Podesta, however, has indicated that he is not interested in returning to government; sources say he turned down the White House "energy czar" job that ultimately went to former EPA Administrator Carol Browner...
...Israel halted its advance on the edges of Gaza City, calling a cease-fire on Jan. 18, and Hamas' guerrillas - if indeed they were waiting in ambush - went unchallenged. Still, Israeli war strategists are at a loss to explain why Hamas failed to use the antiaircraft missiles that Israeli intelligence was sure that Iran had provided. "It's an enigma," one IDF officer says. "The air over Gaza was thick with drones, helicopters and F-16s, and Hamas didn't fire a single missile at them." Two possible explanations: either Israeli intelligence was wrong and Hamas simply didn't have...